Commercial Bank Risk - CCB Sr Underwriter

Req #: 170058248

Location:Chicago,
IL,
US

Job Category:Accounting/Finance/Audit/Risk

Potential Referral Amount: 0 US Dollar (USD)

*LI-POST

Job Description

This position is a Senior Underwriter in Corporate Client Banking and Specialized Industries Credit’s Financial Institutions Group.This group is responsible for the credit risk management of a portfolio of US-based banks, insurance, mortgage finance, and specialty finance companies. These companies are active users of traditional commercial banking services and investment banking products.

The main focus of this Senior Underwriter is the primary credit risk manager for a portfolio of Specialty Finance clients.Specialty Finance is comprised primarily of commercial and consumer finance companies, as well as, market structure companies including exchanges, payment processors, asset managers, and private equity funds.This Senior Underwriter role will also have the opportunity to cover clients in the other segments of the FIG portfolio including banks and insurance companies.

The Senior Underwriter works in partnership with coverage banking, syndications, treasury services and other product partners to risk grade borrowers, analyze and approve credit requests, structure credit facilities, and negotiate credit agreements and other loan and trading documentation.The Senior Underwriter is also responsible for on-going monitoring and risk management of an assigned portfolio of credit clients.

This is a national portfolio of clients, thus travel will be required from time to time.

·Ensure all credit risk and other policies are followed, and credit exposures are approved at the appropriate level·Prepare credit approval materials, and present and recommend credits for approval at appropriate level·Analyze and negotiate covenants and other terms and conditions as part of a deal team·Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval

3. Portfolio Management

·Provide a well-researched and thoughtful risk assessment of each assigned client on an ongoing basis·Ensure risk ratings are accurate and reflect a current forward-looking view of the client·Provide early identification and proactive management of deteriorating credits and other problem situations·Analyze, prepare, and present for approval all required waivers, amendments, and extensions·Prepare and present semi-annual portfolio review material to senior management·Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process·Work closely with Credit Services to ensure accuracy of credit system data

Things to note

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Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

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